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5 Cambridge Street

5 Cambridge Street, Malverne, NY 11565
Property in Malverne
Sold May 09, 2008
$398,000
Local assessors in Malverne, NY have categorized 5 Cambridge Street as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 4,320 square feet. The linear feet between the front and back of the lot was measured at 1,080 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5 Cambridge Street has a total of 1,412 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 234 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of shingle (not wood). Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. The property was last sold in May 6, 2008 for $398,000. That's $281.87 per sqft. 5 Cambridge Street was last assessed in 2023. The total value of the property was assessed at $480. Specifically, the land the property is located on was valued at $178. While improvements on the property were assessed at a total of $302. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,366. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Composition
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 234
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,320
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,412
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 397A-397B,398 TOWN #1 SCH DIST 012

Ownership

  • Current Owner : PARQUET LORRAINE
  • Previous Owner : BORSODY MIKLOS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: LYN MAL
  • Census Tract: 410200

Geography

  • District: 282027
  • Section: 38
  • Parcel: 38-029-00-0397-A
  • Block: 29
  • Lot: 397
  • Municipality: MALVERNE
  • Latitude: 40.6668
  • Longitude: -73.6647

    Address

  • Full Address: 5 Cambridge St
  • Address - House Number: 5
  • Address - Street Name: Cambridge
  • Address - Suffix Type: St
  • State: NY
  • City Name: Malverne
  • Carrier Code: C001
  • 4-Digit Zip Code: 2304
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,366
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1771
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 646,867
  • High Value: 761,473
  • Low Value: 532,262

    Market Valuation

  • Market Total Value: $480,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $480
  • Assessed Land Value: $178
  • Assessed Improvements Value: $302

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2008
  • Current Sale Recording Date: May 09, 2008
  • Current Sale Transaction ID: 1104678792
  • Current Sale Price: $398,000
  • Current Sale Document Type: Deed

About Malverne



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Frequently Asked Questions

What neighborhood is 5 Cambridge Street located in?
The 5 Cambridge Street is a located in the neighborhood of Malverne in Malverne, Malverne.
What is the average sales price for listings in 5 Cambridge Street?
The average sales price for units in 5 Cambridge Street is $0 currently.

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